Banking

Eight Nigerian banks collectively recorded N156 billion in impairment charges for credit and financial assets in the first quarter of...

Ecobank Nigeria Limited has bolstered market confidence by repaying 50% of its $300 million 7.125% Senior Notes due February 2026,...

The Central Bank of Nigeria (CBN) has issued a directive requiring commercial banks to submit comprehensive capital restoration plans as...

Nigerian commercial banks have significantly boosted their deposits with the Central Bank of Nigeria (CBN), reaching N68.9 trillion in the...

Fitch Ratings has raised concerns over the growing risks faced by Nigerian banks, citing their heavy reliance on government debt...

Nigerian commercial banks have settled 95% of the N180 billion debt owed to telecom operators for Unstructured Supplementary Service Data...

A new Renaissance Capital (Rencap) report, “Nigerian Banks, Cash is King,” has highlighted the significant forbearance loan exposures of several...

Ten commercial banks listed on the Nigerian Exchange (NGX) have collectively incurred N3.77 trillion in loan impairment charges from 2023...

A recent Renaissance Capital (Rencap) research note, titled “Nigerian Banks, Cash is King,” has shed light on the significant exposure...

The Central Bank of Nigeria (CBN) has initiated a gradual rollback of forbearance measures introduced during the COVID-19 pandemic, signaling...